| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $135M | $128M | $111M | 4.9% | 20.8% |
| Op. Income | $3M | $3M | $2M | -5.3% | 46.0% |
| Gross Margin | 8.2% | 8.3% | 8.3% | -0.0pp | -0.1pp |
| Net Margin | 0.6% | 1.2% | 0.8% | -0.6pp | -0.2pp |
| EPS (Diluted) | $0.08 | $0.14 | $0.08 | -45.8% | -9.2% |
| Free Cash Flow | -$4M | -$11M | -$24M | 68.2% | 85.3% |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $124M |
| GROSS PROFIT | $11M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $689.0K |
| Net Income from Continuing Ops | $867.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $867.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $867.0K |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $124M |
| GROSS PROFIT | $11M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $689.0K |
| Net Income from Continuing Ops | $867.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $867.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $867.0K |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $867.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $18.0K |
| Deferred Income Tax | $550.0K |
| Other Non-Cash Items | $258.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$861.0K |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$154.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19.0K |
| NET CASH FROM FINANCING | -$173.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $132M |
| Inventory | $130M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $284M |
| PP&E (Net) | $53M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $63M |
| TOTAL ASSETS | $347M |
| Account Payables | $83M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $112M |
| Long-Term Debt | $98M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $153.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $111M |
| TOTAL LIABILITIES | $223M |
| Common Stock | $47M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $123M |
| Minority Interest | $0 |
| TOTAL EQUITY | $123M |
| TOTAL LIABILITIES & EQUITY | $347M |
| Total Debt | $117M |
| Net Debt | $115M |
